Bill Status of SB2325 100th General Assembly
Short Description: BIG MUDDY RIVERBOAT
Sen. Dale Fowler
| 1/24/2018||Senate||Referred to Assignments|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Riverboat Gambling Act. Provides that the Illinois Gaming Board may issue one owners license authorizing the conduct of riverboat gambling in the unincorporated area of Williamson County adjacent to the Big Muddy River. Contains provisions concerning applying for and issuing the owners license. Provides that an applicant for the owners license shall pay a non-refundable application fee of $100,000 and a non-refundable fee of $50,000 to defray background investigation costs. Provides that the license fee shall be $100,000 plus a minimum initial fee of $17,500 per gaming position. Provides that the licensee shall make a specified reconciliation payment 3 years after the licensee begins operating. Excludes the licensee from provisions entitling riverboat licensees to own up to 2 riverboats. Provides that the licensee shall limit the number of gaming positions to 1,200. Provides that the owners license may be issued pursuant to a competitive bidding process. Makes other changes. Effective January 1, 2019.
|Date||Chamber|| Action|| 1/24/2018||Senate||Filed with Secretary by Sen. Dale Fowler|| 1/24/2018||Senate||First Reading|| 1/24/2018||Senate||Referred to Assignments|